Victorian Plumbing Group (LON:VIC) Trading Down 2.6% – What’s Next?

Victorian Plumbing Group plc (LON:VIC) was down 2.6% during mid-day trading on Friday . The stock traded as low as GBX 111 ($1.40) and last traded at GBX 111 ($1.40). Approximately 155,079 shares traded hands during trading, a decline of 58% from the average daily volume of 371,375 shares. The stock had previously closed at GBX 114 ($1.44).

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on VIC shares. Shore Capital restated a “not rated” rating on shares of Victorian Plumbing Group in a research report on Tuesday, October 15th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 132 ($1.66) target price on shares of Victorian Plumbing Group in a research note on Tuesday, October 15th.

Victorian Plumbing Group Trading Down 2.6 %

The stock has a market capitalization of £361.53 million, a P/E ratio of 2,775.00, a P/E/G ratio of 0.51 and a beta of 1.03. The company has a quick ratio of 1.05, a current ratio of 1.57 and a debt-to-equity ratio of 89.32. The stock’s 50 day moving average price is GBX 107.95 and its 200-day moving average price is GBX 96.97.

Insider Activity

In other Victorian Plumbing Group news, insider Mark Radcliffe sold 2,700,000 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of GBX 100 ($1.26), for a total value of £2,700,000 ($3,402,646.50). Company insiders own 62.35% of the company’s stock.

Victorian Plumbing Group Company Profile

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories in the United Kingdom. The company was incorporated in 2021 and is headquartered in Skelmersdale, the United Kingdom.